United Rentals to acquire Ahern Rentals for $2bn ...United Arab Emirates

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United Rentals to acquire Ahern Rentals for $2bn
United Rentals has agreed to acquire Ahern Rentals for approximately $2bn in cash, with the transaction expected to close prior to the end of the year, the company has announced. The deal will increase capacity for United Rentals in both US coasts and in the Gulf region, expanding its fleet by over 60,000 rental assets and approximately $145mn of non-rental fleet. Founded in 1953, Ahern Rentals is the eighth largest equipment rental company in North America, while over 75% of its rental fleet is comprised of aerial and material handling equipment. In early September 2022, it was announced that the first Liebherr LTM 1650-8.1 in Saudi Arabia would go to ACT and, later in the month, Johnson Ar

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